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ASPEN UNDERWRITING LTD v CREDIT EUROPE BANK NV

Lloyd's Law Reports Plus

ASPEN UNDERWRITING LTD v CREDIT EUROPE BANK NV

[2019] Lloyd's Rep. Plus 13

COURT OF APPEAL

Before Lord Justice Gross, Lord Justice Moylan, and Lord Justice Coulson

Conflict of laws – Jurisdiction – Hull and machinery policy – Recovery of paid insurance proceeds – Settlement agreement – Exclusive jurisdiction clauses in settlement agreement and policy – Whether binding on mortgagee bank – Tort, delict or quasi-delict – Undisclosed principal – “Matters relating to insurance” – Place where harmful event occurred – Insurance –Brussels Regulation Recast, Regulation 1215/2012/EU, articles 7, 10 and 14.

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